Question: Consider the sinking fund in the previous question. a . What is the total amount deposited by the company in this annuity? c . If

Consider the sinking fund in the previous question.
a. What is the total amount deposited by the
company in this annuity?
c. If the total amount deposited had been
invested as a one-time deposit with the same
interest rate, how much would the account
be worth after 10 years?
b. How much interest did the annuity earn over
the 10 years?
d. What one-time deposit would be required in
an account with the same interest rate to
cover the planned maintenance costs?
Consider the sinking fund in the previous question. a. What is

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